Deutsche Bank is now a Market Maker for Futures on Federation Government bonds (OFZ)

Deutsche Bank has become an official market maker for futures on Federation Government bonds basket. According to the agreement, the Bank will provide liquidity under contracts within 80% of a trading day length.

"A leading company with a foreign ownership becoming a market maker for futures on Federation Government bonds is a landmark development for the domestic futures market. Deutsche Bank has become the first non-resident market maker there. We are confident that this will considerably improve the efficiency of long-term interest rate derivatives usage by debt market participants", - says Roman Sulzhik, Managing Director, Head of Futures and Options Market at Moscow Exchange OJSC.

Bulent Ilgun, Head of Rates and FX, Head of Treasury at Deutsche Bank Russia, commented: "Becoming an official market marker for futures on Federation Government bonds at the Moscow Exchange, Deutsche Bank will further strengthen its positions on the local market, while contributing to the improvement of the market liquidity level. This is particularly important today, when the market is becoming more liberalized, and new Western players coming. We will be able to demonstrate more flexibility in managing our own positions, while the Bank's customers will benefit from a new product. We strive to continue providing our clients with the best products and services to meet their business needs".

OJSC Moscow Exchange is the largest Russian exchange both in terms of turnover and the extensive client base. The main goal of the exchange is to provide Russian and foreign market participants and investors with a safe and effective access to the booming Russian market. All innovations and new technologies and services are aimed at bringing reliability and safety to the market which strives to achieve the status of an internationally competitive market through improved efficiency of the market infrastructure, product diversity and liquidity.

Deutsche Bank Russia offers its corporate clients, both domestically and internationally, a broad range of financial services, including corporate finance and advisory, asset sales and transaction banking, commercial banking and private wealth management. At capital markets Deutsche Bank is the leading international global markets platform in Russia & CIS focusing on FX, Interest Rates, Credit, Fixed Income and Equities.

For further information, please call:

Deutsche Bank Russia

Dimitri Agishev

Head, CommunicationsTelephone: +7 495 797 5026

E-Mail: dimitri.agishev@db.com

About Deutsche Bank

Deutsche Bank Ltd. (Deutsche Bank Russia), a wholly-owned subsidiary of Deutsche Bank AG, was established in April 1998. Deutsche Bank became one of Russia’s largest banks with foreign equity participation. Deutsche Bank Ltd. offers its corporate and retail clients, both domestically and internationally, a broad range of financial services, including corporate finance and advisory, trading, asset sales and transaction banking, commercial banking and private wealth management. The Bank’s clients include the leading Russian and international companies.